XAUUSD Technical Analysis

Posts: 198 · #61 - November 06, 2019, 08:07:31 AM

#GOLD
Gold broke through two support lines and support levels of 1497 and 1488.
Now the price is near the resistance line and a good resistance level at 1488.

I expect to fall to 1459 Given the trend line that has been broken and formed a very strong down / bearish trend.
A good strategy is to take SELL positions with SELL limits in certain areas, such as in the 1488 resistance area.

Posts: 233 · #62 - November 11, 2019, 05:48:00 AM

The price of gold has the opportunity to move up to test the resistance level at 1467, as long as the price is unable to break the support level at 1456, a further rise has the potential to trigger an increase in the price of gold to test the next resistance levels at 1470 and 1473.

Failure to break through the resistance level at 1473, has the opportunity to further pressure the gold price to test the support level at 1456, a deeper decline from the support level has the opportunity to suppress the gold price to test the next support levels at 1452 and 1449.

Resistant => 1467, 1470, 1473
Support => 1456, 1452, 1449

Posts: 9575 · #63 - November 12, 2019, 03:57:33 AM

Quote from: zanurreload on November 06, 2019, 02:03:33 AM

Today's main scenario is still trying to open a SELL position. Note the support zone 1471.13 which will be the reference for this entry. That way, you can open short positions if you find a confirmed breakout signal and candle around that price. Stop Loss can be placed at the level of 1491.89, while Take Profit can be placed up to the level of 1442.27. As an alternative scenario, the 1491.89 resistance zone can be used as a BUY entry reference. That way, traders can also prepare long positions around that area, shortly after finding a confirmed breakout signal. Stop Loss can be placed at the level of 1471.13, while Take Profit is placed up to 1512.32.

Congratulations for those who follow the Trading plan in Gold because it runs smoothly

Posts: 112 · #64 - November 14, 2019, 04:08:32 AM

XAU / USD analysis On this occasion I will try to give my analysis with MA200 and MACD simple techniques.
Gold is still in a bearish condition and has not provided an upward signal that could trigger a change in trend.

We do an analysis with some of the H4 and D1 Timeframes, in the H4 timeframe there is an increase in prices but it is still stuck in the area of 1465 and if we draw the trend line then this point is an important resistance.

We will see again with the D1 timeframe, the MA200 will be tried to touch at the price of 1400 and become the strongest support area for the long term.

Trading strategy in my view is to open SELL if the MACD area is at the mid in timeframe H4, and take profit at the price range of 1440 for sorttime and longtream at 1405.

Posts: 247 · #65 - November 16, 2019, 05:30:08 PM

on the movement of gold I see the potential to regain its bullish psychology at 1500.00 very strong with a sign that the price of 1470.00-1488.00 can be passed with convincing then the big opportunity for gold to be able to continue its rally rally with a foothold at the price of 1500.00;D

Posts: 151 · #66 - November 18, 2019, 03:21:55 AM

Xau / Usd is likely to continue the bulls. However, seeing the Mapping TF H4 above, Xau / Usd has retained the Supply price. Even though prices continue the Bullish downward correction first.

RECOMMENDATION :
Sell Area: 1471.60
Tp: 1465.80
Sl: 1479.10

Buy Area: 1452.15
Tp: 1460.25
Sl: 1445.55

XAU / USD STRONG BEARISH

Posts: 233 · #67 - November 18, 2019, 01:19:57 PM

Gold prices have the opportunity to move up to test resistance levels at $ 1470 - $ 1474 if fears of Middle Eastern and Hong Kong tensions continue. But the continued optimism of the US-China trade agreement has the opportunity to suppress the price of gold to test the support level at $ 1460 - $ 1464.

Posts: 424 · #68 - November 18, 2019, 01:31:05 PM

gold / usd Short analysis with MA and RSI short-term strategies on the H4 timeframe.

The trend line is clearly visible and can take short positions at the current price of 1464 and TP at the previous support at 1448.

This analysis is short term and always use MM well and use stop losses above the trend zone.

Posts: 810 · #69 - November 18, 2019, 03:20:53 PM

GOLD has entered the Ichimoku area with a strong volume of buyers, a signal to make purchases on GOLD with the possibility that gold could succeed in reaching the yellow MA from the bollingerband while penetrating the icimoku cloud to TP at 1484. With stop losses at the price of 1450

Posts: 165 · #70 - November 26, 2019, 02:31:32 AM

Gold prices may remain trapped in the range of $ 1,460 to $ 1,475 per ounce this week as traders try to understand where the US and China negotiations are heading.

Gold futures for December delivery on COMEX ended at $ 1,463.60 an ounce on Friday last week.
By looking at the last trade at $ 1,462.11 For this week both benchmarks show a moderate decline of around 0.4%.

in today's gold trading do not rush to take a Buy position because the potential decline in gold prices is still very dominant.

from BB analysis on the Gold D1 timefarme is still testing the level of 1,447.95

Posts: 79 · #71 - November 27, 2019, 10:48:47 PM

Based on the analysis of the range pattern on the H1 time frame, XAU / USD is expected to move in the area of 1441.44-1472.70. The trading plan will place a Pending Order at: Buy Stop (OP 1): 1462.70, Take Profit: 1472.70 Sell Stop (OP 2): 1451.44, Take Profit: 1441.44 Stop Loss: Conditioned

Posts: 1215 · #72 - November 29, 2019, 10:32:13 AM

Because of the long holiday in the US celebrating Thanksgiving, the price of gold did not move too volatile and Volatility was quite low yesterday.
Only moves around $ 3.88. Trading hours due to holidays are also shortened by 5 hours. Yesterday the market closed at 1:00 a.m.

However, even though the gold price is thin it seems to be strengthening because of this Hong Kong Law.
Today spot gold trading also closed earlier in the morning due to the US Thanksgivings holiday. The market will close at 1:45 a.m.
The decline in the price of gold looks still stuck in the range of $ 1450. This can be seen from the price rejection after the price touched the range.

For today, the area around $ 1450-1452 is potentially a short-term BUY area. Potential target is around 1455-1457 and further at 1462. Stop loss area is below $ 1450.

Also worth noting is that as long as there are no objections related to the prospect of a trade agreement, the potential for a decline in gold prices is still open. The EMA 50 line on the 4 Hour Timeframe is still directed down.

Posts: 810 · #73 - January 06, 2020, 01:04:25 PM

XAU / USD D1-W1-MN

Actually I have done some analysis with a small timeframe, but it is very difficult and not very convincing.
XAUUSD breakup mode broke the highest price resistance in July.
at the beginning of this year in January with a very high BUY price request, my analysis by taking a long resistance, I am sure that XAU / USD will reach the price point of 1620.00